Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Auckland vs Reykjavik
Akl vs Rkv

Average net salary (After tax)

Reykjavik
Auckland

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Rkv
Akl
Outside city centre
Rkv
Akl

Rent 3 bedroom apartment

Cost per month

In city centre
Rkv
Akl
Outside city centre
Rkv
Akl

Buy apartment

Price per m2

In city centre
Rkv
Akl
Outside city centre
Rkv
Akl

Mortgage rates

Reykjavik
4.5%
Auckland
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Reykjavik
Auckland

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Rkv
Akl

Mobile phone data

One-minute local prepaid call (no plan or discount)

Rkv
Akl

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Rkv
Akl

Monthly pass

Regular price

Rkv
Akl

Fuel prices

Per Litre

Reykjavik
Auckland

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Rkv
Akl
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Rkv
Akl
White bread 500g
Rkv
Akl
Eggs 12
Rkv
Akl
White rice 1kg
Rkv
Akl

Pack of cigarettes

(Marlboro)

Reykjavik
Auckland

Meat & cheese

Chicken breasts 1kg
Rkv
Akl
Beef round 1kg
Rkv
Akl
Local cheese 1kg
Rkv
Akl

Vegetables

Potatoes 1kg
Rkv
Akl
Lettuce 1 head
Rkv
Akl
Tomatoes 1kg
Rkv
Akl

Fruit

Apples 1kg
Rkv
Akl
Oranges 1 head
Rkv
Akl
Bananas 1kg
Rkv
Akl

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Rkv $4,070.74/mth
Akl $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Rkv $4,070.74/mth
Akl $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Reykjavik
4.5%
Auckland
5.5%

Restaurant Prices in Reykjavik are 17.14% higher than in Auckland

Drinks

Coke/Pepsi 0.33L
bottle
Rkv $4,070.74/mth
Akl $4,070.74/mth
Water 0.33L
bottle
Rkv $4,070.74/mth
Akl $4,070.74/mth
Cappuccino regular
Rkv $4,070.74/mth
Akl $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Rkv
Akl
Market 0.5L bottle
Rkv
Akl

Imported beer

Restaurant 0.33L bottle
Rkv
Akl
Market 0.33L bottle
Rkv
Akl

Bottle of wine

Mid-range, from supermarket

Reykjavik
5
Auckland

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Rkv
Akl

Summer dress

From a chain store (e.g. Zara, H&M)

Rkv
Akl

Shoes

1 pair Nike shoes
Rkv
Akl
1 pair men's leather shoes
Rkv
Akl

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Reykjavik
$15.33
Auckland
$11.43

Tennis court rental

One hour on weekend

Rkv $4,070.74/mth
Akl $4,070.74/mth

Fitness club

Monthly fee for one adult

Rkv $4,070.74/mth
Akl $4,070.74/mth